HDB · Insider Trading
HDFC Bank Limited
Every open-market purchase and sale reported by HDB officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.
| Filed | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-05-08 | N Srinivasan | Group Head - Operations | Sell | −10,000 | −$87.20K |
| 2026-05-07 | Rakesh Kumar Rajput | Group Head - Compliance | X | +12,600 | +$89.21K |
| 2026-04-24 | Anil Bhavnani | Group Head - Transportation | X | +6,000 | +$43.95K |
| 2026-04-22 | Ashish Parthasarthy | Group Head - Treasury | Sell | −6,000 | −$53.64K |
| 2026-04-20 | Kaizad Bharucha | Director | X | +5,000 | +$34.00K |
| 2026-04-17 | Nirav Vimal Shah | Group Head Corporate Banking | X | +51,800 | +$406.63K |
| 2026-04-09 | Nirav Vimal Shah | Group Head Corporate Banking | X | +80,000 | +$544.00K |
| 2026-04-07 | Nirav Vimal Shah | Group Head Corporate Banking | X | +50,000 | +$340.00K |
| 2026-04-07 | Kaizad Bharucha | Director | X | +10,000 | +$68.00K |
| 2026-03-24 | Kaizad Bharucha | Director | X | +6,000 | +$40.80K |
| 2026-03-24 | N Srinivasan | Group Head - Operations | Sell | −10,000 | −$82.10K |
| 2026-03-23 | Sudhirkumar Jha | Group Head - Corporate Legal | X | +4,000 | +$33.12K |
| Insider | Role | Shares Held | Value |
|---|---|---|---|
| Kaizad Bharucha | Director | 4,607,082 | $104.44M |
| Nirav Vimal Shah | Group Head Corporate Banking | 1,428,600 | $32.39M |
| Ashish Parthasarthy | Group Head - Treasury | 848,558 | $19.24M |
| Anil Bhavnani | Group Head - Transportation | 703,436 | $15.95M |
| N Srinivasan | Group Head - Operations | 640,102 | $14.51M |
| Sudhirkumar Jha | Group Head - Corporate Legal | 44,190 | $1.00M |
| Rakesh Kumar Rajput | Group Head - Compliance | 15,000 | $340.05K |
Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.
Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.
Full filing history and per-insider positions are on the HDB quote page; the site-wide leaderboard is on the insider transactions hub.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.